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How long would it take to save an adequate amount for retirement if you deposit $40,000 per year into an account beginning one year from today that...

How long would it take to save an adequate amount for retirement if you deposit $40,000 per year into an account beginning one year from today that pays 12 percent per year if you want a total of $1,000,000 at retirement?

"You can invest the money in an account that pays 5.5% ...~you need to..."

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You need to have $75,000 to make a deposit on your dream home. You currently have $15,000. You can invest the money in an account that pays 5.5% ...

You need to have $75,000 to make a deposit on your dream home. You currently have $15,000. You can invest the money in an account that pays 5.5% interest each year. How long will it take you to have the money for your deposit (assuming no other deposits are made to this account)?

"And you plan to deposit an additional $5,000 at the end of every..."

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You have $8,516.18 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $...

You have $8,516.18 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $280,000. You expect to earn 14% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.

We need your help! Please help us improve our content by removing questions that are essentially the same and merging them into this question. Please tell us which questions below are the same as this one:

1. if you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years?

The following questions have been merged into this one. If you feel any of these questions have been included in error help us improve our content by splitting these questions into seperate discussions. Please unmerge any questions that are not the same as this one:

1. if you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years?

How much would you have to deposit now to reach your 25 0000 goal in 7 years?

- 40000 saved for 10 years from now how much should you deposit today in an account that pay 6 interest so that you reach your goal of 40000 if investment is compounded as follow a semi annually and b monthly

How many months will it take to reach a predetermined total dollar?

- You have 8 516 18 in a brokerage account and you plan to deposit an additional 5 000 at the end of every future year until your account totals 280 000 you expect to earn 14 annually on the account how many years will it take to reach your goal round your answer to two decimal places at the end of the calculations

If you deposit 1000 at the end of the next 15 years into an account paying 8 interest how much money will you have in the account in 15 years?

- You deposit 10000 into a fund paying 6 interest compounded annually you withdraw 1000 at the end of each year for how many years can you do this

If you need 30 000 six years from now what is the minimum amount of money you need to deposit into a bank account that pays 7 annual interest compounded give your answers to the nearest cent?

- You deposit 6 000 in an account that pays 5 25 interest compounded semiannually after ten years the interest rate is increased to 5 4 compounded quarterly what will be the value of the account after 8 more years do not round until the final answer then round to the nearest cent

If your first deposit will be made one month from now how large will your retirement account be in 33 years?

- A if you will be making equal deposits into a retirement account for 10 years with each payment at the end of the year how much must you deposit each year if the account earns 4 compounded annually and you wish the account to grow to 500 000 after 30 years in time 30 b how does your answer change if the account pays interest compounded monthly at an annual rate of 4 note use monthly compounding for all calculations

How much interest would you incurr leaving on 5 000 over a month?

- Buffy just put some money into a cd that pays 10 1 interest compounded monthly according to the rule of 72 in approximately how many years will she have 4 times the amount of money that she has now

If you deposit 12500 into an account that pays 6 75 interest compounded quarterly how long will it take to reach 30000?

- An account pays 10 interest compounded quarterly how much will a deposit of 2000 dollars grow to in 3 months

How much would i need to deposit today in a account that earns 4 5 compound monthly to have 4000 in 3 years?

- You deposit 37 39 into an account every month for 14 years the account earns 3 8 annual interest compounded monthly what is the present value of your deposits today

If you deposit 5 000 at the end of each year for 28 years into an account earning 3 5 interest compounded weekly how much will you have at the end of those 28 years?

- We deposit 15000 into an account earning 4 interest compounded continuously how many years will it take for the account to grow to 39000 round to 2 decimal places

If your bank pays you interest in the form of an annual rate of return of 10 over each of the next five years how much will your balance be if you make annual deposits of 400?

- Suppose when you are 21 years old you deposit 1 000 into a bank account that pays annual compound interest and you do not withdraw from the account until your retirement at the age of 65 44 years later how much more will be in your account if the interest rate is 6 percent rather than 5 percent

If you need 40 000 eight years from now what is the minimum amount of money you need to deposit into a bank account that pays 7 annual interest compounded give your answers to the nearest cent annually?

- Uture value if you deposit 10 000 in a bank account that pays 10 percent interest annually how much would be in your account after 5 years present value what is the present value of a security that will pay 5000 in 20 years if securities of equal risk pay 7 percent annually

How many years will it take to have 10000 in the bank?

- A if you deposit rs 10000 today in a bank that offers 8 interest how many years will the amount take to double b what is the future value of a regular annuity of re 1 00 earning a rate of 12 interest p a for 5 years

If you will be making equal deposits into a retirement account for 10 years with each payment at the end of the year how much must you deposit each year if the account earns 5 compounded annually and you wish the account to grow to 1 000 000 after 40 years in time 40?

- A if you will be making equal deposits into a retirement account for the next 10 years with each payment at the end of the year 1 through 10 how much must you deposit each year if the account earns 4 5 compounded annually and you wish the account to grow to 500 000 45 years from today in time 45

What amount would you have in a retirement account if you made annual deposits of 375 for 25 years earning 12 compounded annually?

- 5 you make annual deposits of 1 500 for 18 years into an investment that pays 10 compounded annually what amount will be in the account at the end of 18 years

How much money does an account need to have a balance of 5000 after 5 years with an annual ontrest rate of 4?

- Put it into a savings account for the next 10 years after 10 years she plans to live on this money for the next 25 years the annual interest rate during this 35 year period is 15 compounded annually how much money per year can expect to live on

How much must you deposit in a bank account today to have 1 000 at the end of 5 years if the bank quotes a rate of 5 compounded daily?

- You deposit 18 000 at the end of each year in an ira the bank pays 7 apr compounded daily how much will be in the account when you retire in 15 years

If you deposit 10 000 today with interest rates of 8 5 for 12 years you should withdraw in each year?

- You will deposit today it will grow for years at interest compounded monthly you will then withdraw the funds quarterly over the next years the annual interest rate over those

How much money do i need to place into a bank account which pays a 6 rate in order to have 500 at the end of 7 years?

- Suppose when you are 21 years old you deposit 1 000 into a bank account that pays annual compound interest and you do not withdraw from the account until your retirement at the age of 65 44 years later how much more will be in your account if the interest rate is 6 percent rather than 4 percent

If you deposit 40 000 per year into an account beginning today that pays 12 percent per year if you wish to have a total of 1 000 000 at retirement?

- You need to accumulate 10 000 to do so you plan to make deposits of 1 250 per year with the first payment being made a year from today in a bank account that pays 12 percent interest compounded annually

How long would it take for you to save an adequate amount for retirement if you deposit 40 000 per year into an account beginning today that pays 12 percent per year if you wish to have a total of 1 000 000 at retirement?

- You plan to save 8 200 per year for the next 5 years you will deposit your savings in an account that pays 6 2 interest how much will you have at the end of 5 years

How much would you need to deposit in an account at the end of each month in order to have 30 000 in the account in 8 years assume the account earns 5 annual interest compounded monthly?

- Miguel deposits 4 000 00 in an account and 4 years later the account balance is 8 800 00 if interest is compounded monthly what is the rate of interest per month

I have 150 000 in the bank earning 10 i want 860 000 when i retire in 10 years how much money do i need to add to my savings to reach my goal?

- 1 after you retire in 17 years your goal is to have 100 000 in your investment account that earns 8 compounded annually how much money would you need to deposit now to reach this goal present value

If you invest 4 000 today how much will you have in 10 years if you earn a 15 return?

- Suppose you deposit 18 000 into an account today that earns 6 interest per year and you do not withdraw the money for 21 years what will be the balance in the account 21 years from today

If you invest today in an account that pays interest compounded annually?

- You deposit 1 000 today in a savings account that pays 3 5 interest compounded annually how much will your account be worth at the end of 25 years

How much would you need to deposit in an account each month in order to have 50 000 in the account in 10 years assume the account earns 7 6 interest compounded monthly?

- A deposit of 300 is made at the beginning of each month in an account that pays 3 interest compounded monthly the balance a in the account at the end of 6 years is given by

If you deposit 10 000 at the end of the year for 7 consecutive years and earn a rate of 6 compounded annually which of the following amouts would be your balance?

- Deposits 10 000 at 10 compounded semiannually at the start of year 6 jarad deposits an additional 5 000 that is compounded at the same rate at the end of 10 years the balance in jarad s account is

If you deposit rs 10000 today in a bank that offers 8 interest how many years will the amount take to double?

- A person deposits 10000 in a bank giving 6 interest compounded annually find the nearest dollar the value of the deposit after 50 years

What will the required deposit today be in order to be able to withdraw 13 000 in 3 years and 18 000 in 11 years if the savings account pays 6 2 interest?

- You inherit 10 000 and deposit that money today in a savings account that pays 4 5 interest you expect to leave the money in the account for 25 years and make no other deposits into the account during that time

What would you pay for an investment that pays you 20 000 at the end of each year for the next ten years and then returns a maturity value of 300 000 after ten years assume that the relevant interest rate for this type of investment is 8?

- Kevin makes an investment of 10 000 in a bank for a period of 5 years the bank pays an annual interest rate of 6

If you deposit 1 000 in a bank that offers a 6 interest rate approximately how many years should it take to double?

- A company offers to pay you annually 4007 for 5 years if you deposit 16 000 with the company what interest rate do you earn on deposits

What would you pay for an investment that pays you 10 000 at the end of each year for the next ten years and then returns a maturity value of 150 000 after ten years?

- Suppose you deposit 2 000 in an individual retirement account ira that pays interest at 6 compounded monthly for the first two years and 9 compounded monthly for the next three years determine the balance at the end of five years

If you deposit 10 000 in a bank account that pays 10 interest annually how much will be in your account after 5 years?

- Suppose that you make a one time deposit of 14 500 into a savings account that pays 3 5 interest compounded annually how much will you have in your account in 3 years

How much would you need to deposit in an account each month in order to have 30 000 in the account in 7 years assume the account earns 4 interest?

- 1 you need 5 000 for a trip to europe in two years how much would you have to deposit monthly in a savings account paying 1 percent in order to meet your goal

How much would you need to deposit in an account now in order to have 4000 in the account in 15 years assume the account earns 4 interest compounded continuously?

- Mary deposits 15 000 into a savings account that pays 3 75 interest compounded daily what will the balance be after five years

If kelly deposits 10 000 into an account that opays 8 percent interest?